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MLS ID: R11111891
List Price: $ 425 000
Sold Price: $ 415 000 (-2%)
Status: Closed
List date: 07/31/2025
Closing Dt: 02/23/2026
Days on Market: 207
Sell $ 247 per SqFt
461 Silver Beach, #1, Riviera Beach
#MLS: R11111891
$ 425 000
Listing date07/31/2025
CityRiviera Beach, FL 33403
Address461 Silver Beach, #1
Area1680 sqft
Tax/year$ 6 225
Built year1964

Brand New Roofs (August 2025) New Water Heaters Installed major capital improvements have already been taken care of, offering peace of mind for investors.

Welcome to 461 Silver Beach Road, a well-maintained duplex located in a high-demand rental area of Riviera Beach. Each unit is currently leased at 1,800/month with long-term tenants in place. Market rents are estimated at 2,000/month, providing strong upside potential.

Each unit is separately metered for electricity, with tenants paying their own utilities, keeping operating costs low. This property features solid, long-term leases, new water heaters, and a strong rental history. Located just minutes from the Riviera Beach Marina redevelopment, Singer Island, Palm Beach Gardens, and Downtown West Palm Beach. This area is seeing rapid infrastructure expansion and commercial growth.

Ideal for investors seeking dependable cash flow, long-term appreciation, or a 1031 exchange opportunity.

The duplex next door at 451 Silver Beach Rd is also available for sale at the same price. MLS RX-11068096. Purchase one or both.

Please do not disturb tenants. Drive-by only prior to scheduled showings.

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